AirAsia X Bhd (5238) - Total Assets
Based on the latest financial reports, AirAsia X Bhd (5238) holds total assets worth RM3.36 Billion MYR (≈ $843.38 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of AirAsia X Bhd for net asset value and shareholders' equity analysis.
AirAsia X Bhd - Total Assets Trend (2012–2025)
This chart illustrates how AirAsia X Bhd's total assets have evolved over time, based on quarterly financial data.
AirAsia X Bhd - Asset Composition Analysis
Current Asset Composition (December 2025)
AirAsia X Bhd's total assets of RM3.36 Billion consist of 24.0% current assets and 76.0% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 2.6% |
| Accounts Receivable | RM697.83 Million | 20.8% |
| Inventory | RM12.86 Million | 0.4% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM0.00 | 0.0% |
| Goodwill | RM0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how AirAsia X Bhd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see AirAsia X Bhd (5238) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: AirAsia X Bhd's current assets represent 24.0% of total assets in 2025, an increase from 13.3% in 2012.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2025, down from 4.7% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 20.8% of total assets.
AirAsia X Bhd Competitors by Total Assets
Key competitors of AirAsia X Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
Germany | €177.05 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
Grupo Aeroméxico S.A.B. de C.V
MX:AEROMEX
|
Mexico | MX$6.93 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$25.79 Billion |
|
Knafaim
TA:KNFM
|
Israel | ILA573.05 Million |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
AirAsia X Bhd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.62 | 0.61 | 0.23 |
| Quick Ratio | 0.61 | 0.60 | 0.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RM-491.68 Million | RM-479.46 Million | RM-3.47 Billion |
AirAsia X Bhd - Advanced Valuation Insights
This section examines the relationship between AirAsia X Bhd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.29 |
| Latest Market Cap to Assets Ratio | 0.29 |
| Asset Growth Rate (YoY) | 3.5% |
| Total Assets | RM3.36 Billion |
| Market Capitalization | $961.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values AirAsia X Bhd's assets below their book value (0.29x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: AirAsia X Bhd's assets grew by 3.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for AirAsia X Bhd (2012–2025)
The table below shows the annual total assets of AirAsia X Bhd from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | RM3.36 Billion ≈ $843.38 Million |
+3.47% |
| 2024-12-31 | RM3.25 Billion ≈ $815.06 Million |
+3.47% |
| 2023-12-31 | RM3.14 Billion ≈ $787.74 Million |
+26.37% |
| 2022-12-31 | RM2.48 Billion ≈ $623.35 Million |
+27.69% |
| 2020-12-31 | RM1.94 Billion ≈ $488.19 Million |
-79.64% |
| 2019-12-31 | RM9.55 Billion ≈ $2.40 Billion |
+120.02% |
| 2018-12-31 | RM4.34 Billion ≈ $1.09 Billion |
-8.87% |
| 2017-12-31 | RM4.76 Billion ≈ $1.20 Billion |
+1.97% |
| 2016-12-31 | RM4.67 Billion ≈ $1.17 Billion |
+11.71% |
| 2015-12-31 | RM4.18 Billion ≈ $1.05 Billion |
+11.95% |
| 2014-12-31 | RM3.74 Billion ≈ $937.99 Million |
-6.65% |
| 2013-12-31 | RM4.00 Billion ≈ $1.00 Billion |
+64.83% |
| 2012-12-31 | RM2.43 Billion ≈ $609.59 Million |
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About AirAsia X Bhd
AirAsia X Berhad, together with its subsidiaries, provides long haul air transportation services under the AirAsia brand in Malaysia, Thailand, and Indonesia. It also offers logistical management and marketing services; and leases aircraft facilities, as well as commercial air transport services. The company was formerly known as Fly Asian Xpress Sdn Bhd and changed its name to AirAsia X Berhad i… Read more